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VIP Industries is engaged interalia, in the business of manufacturing and marketing of luggage, bags and accessories.
VIP Industries' Board appointed Shalaka Koparkar as Company Secretary & Compliance Officer and Narayan Saraf as Chief Financial Officer. Saraf joins Sep 1, while current CFO Rahul Poddar steps down Aug 31 due to personal reasons. Key leadership changes ahead!
VIP Industries' board approved audited consolidated FY26 results, reporting a significant loss of ₹338.01 Cr. The board also approved Deloitte Haskins & Sells as new statutory auditors, pending shareholder approval, as Price Waterhouse finishes its term.
VIP Industries' board appointed Rahul Poddar as the new CFO & KMP effective March 11. Manish Desai steps down as CFO but remains with the company in a new role.
VIP Industries' Board approved consolidated results for Q3'26. The company demonstrated balance sheet strength, cutting net debt by ~111 Cr and inventory by ~157 Cr since Q4'25. Multiples Private Equity is now the promoter.
VIP Industries' board has appointed Atul Jain as the new Managing Director for 5 years. He's an IIT-Delhi & IIM-Calcutta alum with a strong background in consumer durables, including a significant role at Samsung Electronics. Ms. Neetu Kashiramka has resigned as MD.